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Geoffrey Dennis Quotes
«Many Mexican companies have adapted to softer demand by cutting costs and this will be extremely positive for margins once demand picks up in the second half, as we expect.»
Author: Geoffrey Dennis
«Mexico is not part of South America, but of North America, in respect of the current 'crisis' situation. We see the damage for the peso from this current crisis as being modest.»
Author: Geoffrey Dennis
«The next issues for investors in Mexico should be the timing of an S&P upgrade (likely to be mid-year, although maybe earlier) and the U.S. economic recovery (on track with our above-consensus view).»
Author: Geoffrey Dennis
«The markets were wrong in the first place to worry about inflation, ... will not let inflation run out of control.»
Author: Geoffrey Dennis
«[For Mexican companies, the upgrade] makes it more likely that they will invest, and makes their profitability higher, creating a more competitive and strong corporate sector. That's not something that's a five-day wonder --- it's a long-term factor, ... This market is going to go quite a bit higher.»
Author: Geoffrey Dennis
«We had a buy on the rumor, sell on the news sort of thing.»
Author: Geoffrey Dennis
«Interest rates have come down a long way and probably will go down further, ... is managing the peso very well ... and you're clearly getting a quite decent economic recovery now.»
Author: Geoffrey Dennis
«Wall Street is sliding and Mexico is taking it on the chin as usual.»
Author: Geoffrey Dennis
«This is a disaster for all markets in Latin America.»
Author: Geoffrey Dennis
«Actually, it's quite cheap now compared to some of the other parts of the world.»
Author: Geoffrey Dennis